San Antonio Housing Market Update | April 2025

📉 China, Rates & Real Estate: What’s Really Happening in San Antonio’s Housing Market?

One headline says China could crush the U.S. housing market.
Another says mortgage demand just surged 20% in a single week.

So what gives?

On one hand, we’re navigating global economic uncertainty, whispers of recession, and concern over falling home values. On the other hand, buyers are clearly jumping back into the market—some hoping to lock in a lower interest rate before anything shifts again.

It’s a confusing picture. But here’s the truth: real estate is hyperlocal, and the San Antonio housing market is telling its own unique story.

👇 Watch the full April 2025 San Antonio Market Update video below:

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🔍 What’s Happening Locally in San Antonio?

Let’s break down what the data from March 2025 is really showing us:

🏘️ Inventory Is Rising—but Still Balanced

• Months of Inventory: 4.68 (up 7.75% MoM, up 18% YoY)
• We’re creeping toward a balanced market, though still slightly tilted toward sellers.

💰 Prices Are Holding Firm

• Median Sold Price: $294,990 (↑ 6% MoM)
• Estimated Home Values: $287,500 (↓ 1.2% MoM, ↓ 1.8% YoY)
• Homes are typically selling for 97.5% of asking price, showing that pricing right still pays off.

⏱️ Homes Are Selling Faster

• Days on Market (Sold): 51 days (↓ 12% MoM)
• Days on Market (Pending): 39–42 days (↓ ~20%)

📈 New Listings & Buyer Activity Are Up

• New Listings: 2,894 homes (↑ 16.5% MoM)
• New Pending Listings: 1,710 (↑ 15.4% MoM)
• Pending Sales: 2,920 (↑ 13.2% MoM)

All signs point to a housing market that’s thawing—more listings, more buyer action, and faster movement, especially as mortgage rates flirt with that sweet spot under 6%.